... and going on vacation until autumn remains relevant. This year is no exception. Therefore, logically, it makes sense to divest assets before early summer. From May through October, stocks typically yield minimal returns. Stocks can be reacquired in September and October, as they can potentially provide maximum returns from October to April due to seasonal factors. During the summer months, consumer spending tends to decline as people are more willing to spend on vacations rather than on goods or ...

... Vertically Integrated Oil Companies (VIOCs), which control the entire supply chain from extraction to gas station sales, may prefer to offset wholesale losses rather than attract regulatory scrutiny. Seasonal Pressures Add to Market Strain August and September are traditionally challenging months for Russia’s fuel market. Gasoline consumption remains high as the holiday season continues, and diesel fuel demand surges with the start of agricultural work. Following the export ban, the primary tool ...

... the Budget As for the oil sector, according to EIA data, Russian oil production in July 2024 was 9.07 million barrels per day—close to the current OPEC+ quota, which caps Russia's oil production at 8.98 million barrels per day between June and September. By December, Russia's quota will increase to 9.1 million barrels per day, suggesting that actual oil supply levels will remain near their current levels. Another factor contributing to revenue growth could be changes in the calculation ...

... noted a noticeable rise in wholesale gasoline prices in the past 3–4 weeks, with AI-95 increasing by over 25% since early June. Although prices are significantly lower than last fall's peak levels, those levels were considered crisis-driven. In September last year, the government halved the damper payments (compensations to oil companies for selling fuel domestically at prices below export levels). This led to wholesale prices exceeding the threshold for damper payments. Retail prices did not ...

... Increased Housing Demand The increase in mortgage interest rates in Russia by the end of 2024 has raised concerns that the housing market may slow down. However, data indicates the opposite: demand for mortgages not only remains stable but also exceeded September's figures by 13% in October of this year. In this article, we will explore why Russians continue to apply for mortgages despite high debt servicing costs, highlighting the importance of this financial instrument for the population. Key economic ...